Aerospace

U.S. startup Rotor Technologies has completed what it described as the world’s first live demonstration of an autonomous helicopter.

MRCY’s revenue fell to $197.5 million from $229.6 million a year earlier, while earnings per share were -$0.42, well below a consensus estimate of $0.07.

Daher says the hybrid-electric Ecopulse demonstrator has now logged 1.5 hr. of flight testing in full electric mode.

Doug Ackerman, vice president for supplier quality at Boeing Commercial Airplanes, updated a key supplier conference on the nature of its supply chain problems.

Japanese space startup Pale Blue has been awarded up to $27 million from Tokyo to develop miniature water-based ion and Hall-effect thrusters.

The company hopes to unleash untapped benefits of the aircraft for commercial and military use.

ACITURRI, Spain purchased remaining 24.05% stake in ALESTIS AEROSPACE, Spain (aerostructures) from SEPI, and now owns 100%. Alestis will maintain its facilities in Cádiz, Seville, Getafe, Vitoria and Sao Jose dos Campos, Brazil.

ALPINE ADVANCED MATERIALS and ALLEGHENY PERFORMANCE PLASTICS formed strategic alliance to pursue manufacturing opportunities around HX5 reinforced polymer.

CAMTRONICS, OK was designated by Sensor Systems as its exclusive warranty and service center for its antennas; both are HEICO companies.

Antonio João Carmesini Barcellos to Vice President of Industrialization of Eve Air Mobility, Brazil.

AMETEK had $1.3b net income on record $6.6b sales in 2023 vs $1.2b on $6.2b in 2022; y-o-y sales rose 6.5% in 4Q23.

AIRBUS reportedly plans to add a second A320neo Family assembly line at Tianjin by end of 2025; first opened in July 2023.

SPIRIT AEROSYSTEMS had $633m net loss on $6b revenues in 2023 vs $546m loss on $5b in 2022; it had $59m net income in 4Q23 based on forward loss reversals of $205.6m and material right obligation liability reversal of $155m related to 787 program. It delivered 1,418 shipsets (356 737) in 2023 vs 1,297 (281) in 2022, but would not provide any guidance for 2024 until there is further clarity on 737 MAX production rates and ongoing price negotiations with Airbus.

David Ropper to Vice President-Business Development for North America of AJW Group.

RECARO was selected by Air India to supply CL3710/3810 economy class seats and PL3530 premium economy seats for 86 777s/787s/A350s from 2024.

Volocopter has been aiming to obtain European Union Aviation Safety Agency type certification of the Volocopter–the first for an eVTOL–by mid-2024.

The agreement’s objective is to develop a robust low-altitude industrial ecosystem in Guangzhou, EHang says.

The “airworthiness configuration” demonstrator made its first flight in December in Hanyuan in Sichuan province.

South Korean electric vehicle designer Saean Group has unveiled a five-seat electric vertical-takeoff-and-landing (eVTOL) vehicle concept.

Through its aviation design, engineering and MRO expertise, ST Engineering's solutions meet customers’ needs and redefine the way we work.

U.S.-European startup Cosmic Aerospace has raised $4.5 million in seed financing to progress development of a 24-passenger all-electric regional aircraft.

Virgin Galactic is investigating the loss of a part of the mechanism connecting VSS Unity with the carrier aircraft VMS Eve during a commercial spaceflight.

China cannot match America’s rate of space innovation.

A Transport & Environment study highlights uncertainties surrounding ambitious e-fuel plans in Europe.

TRIUMPH opened Thermal Solutions Development Center in West Hartford, CT.